Monday, February 28, 2011

What It Takes To Be Successful At This...

Are you reading real estate investment books?

Are you taking real estate investment courses?

Are you taking or attending seminars?

Are you investing in property analysis software?

Good, all this is good.

But all good intention and intent to take action
does not replace, well, taking action.

Some of you will need to take probably the
biggest step and that is taking action in investing
in a property. You will have to have faith
that what you learned and what you have done
up to this point is going to propel you forward.

At some point, you will have to take the step from
“learner” to “doer”. This is a process that you
don’t rush, but, you don’t wait too long
to do either.

Attempting To Attract Private Investor Money

Last Chance! Don't You Dare Begin Attempting to Attract Private Investor Money UNTIL
You've Discovered How to Create Iron-Clad Private Placement Memorandums That
Spark Investor Interest WHILE Protecting Your Business!

The webinar starts in a couple of hours!

I urge you to NOT take another step forward UNTIL you've discovered how to create
Private Placement Memorandums.

What are Private Placement Memorandums?

Only probably the single most important document you can prepare as a private-funds
seeking real estate investor, that's all. Done right, a Private Placement Memorandum
will help you:

- Impress and attract potential investors!
- Ensure your deals are always structured properly ... and profitably!
- Protect yourself should one of your deals ever go sour!

And on the other hand, Private Placement Memorandums done wrong, or not at all,
could easily spell the end of your investing career.

So have I got your attention?

I certainly hope so, because when it comes to succeeding as a real estate investor
few things are as important as knowing how to create a proper Private Placement
Memorandum.

Unfortunately, few things in the real estate investing world are also as complex as
creating Private Placement Memorandums.

To untangle this, Alan is holding a very special webinar where he paid his SEC attorney
to help us understand the details on the PPM. Here is just a couple of the items he
will cover in detail...

1. So, what kind of information goes into a PPM?

2. How does a PPM compare to just raising money from family, friends and associates?

3. How much money can someone raise using a PPM?

4. Is any advertising allowed under the rules covering PPMs?

5. Can people raise money to invest in something other than real estate using a PPM?

BEST opportunities that exists to GET DEALS FUNDED FAST.

Now it's time to get down to business and get some DEALS DONE.

I've had so many people e-mail us about some of the lenders
featured in the newsletter that I want to take a few minutes
and review one of the absolute BEST opportunities that
exists to GET DEALS FUNDED FAST.

It's called "Flash Funding" and you guessed it, that is because the
entire deal is closed and funded SO QUICKLY!

The best thing about it is that you can get 100% FUNDING.

No joke.

It's the easiest way to get MORE DEALS CLOSED and FUNDED.

But you need to know HOW to do it the RIGHT WAY.

Check out this NATIONWIDE LENDER (Just ONE of the
300 TOP lenders in the 2011 Private Money Lenders Source):

"100% Loan to Value--All Transactions are 100% LTV,
including closing costs. That means no money out of your pocket
to close your deals! Approvals are based entirely on the deal.
That means no-credit-checks, appraisals, or other
personal financial requirements."

Why are you not doing these DEALS?

You could be.


Let me ask you a question, Mary.

Do you think you can go out and find a BUYER for a PROPERTY
that you control?

Residential OR Commercial.

You decide.


If you really want to, you CAN do it.

Here's EXACTLY what the lender NEEDS from you:
•Amount of money you need to borrow
•Proof of your control or interest in the property: memorandum of trusts, notice of option or deed
•A to B Contract: first closing (where you are the buyer)
•B to C Contract: second closing (where you are the seller)
•Copy of the Short Sale Approval Acceptance Letter
•A to B and B to C (estimated) HUD1 settlement statements
•Preliminary Title Report from Escrow/Title (Prelim)
•Closing Location (name of closing agent and contact information)
•Closing Date
They ask you to give them 48 hours notice. And once you are a client
and have done your first deal, they can even do deals the SAME DAY.

They will also provide you with a Proof of Funds letter.

AND walk you through it all.


The lender will also provide you with other resources you need,
including:

•Option Contract for Purchase and Sale
•Notice of Option Contract
•Affidavit (Disclosures)
•Addendum To Option Contract
You can do these DEALS on almost any property and it
doesn't have to be a foreclosure, or a REO. It also works
perfectly for SHORT SALES. It can be the house right
across the street or the little strip mall downtown.

You could be out there doing a deal this week!

You need funding and you need buyers and we have
resources that can help you with both.

The 2011 Private Money Lenders Source has the TOP 300
private hard money lenders who loan on residential and
commercial investment property, nationally, locally, and
regionally. You deal DIRECT with the Lenders.

The Active Buyers Magnet will help you create MULTIPLE
STREAMS of motivated BUYERS who want to buy
homes and wholesale investment property.

Think of what you can do when you COMBINE these
powerful resources to start getting these deals DONE.

Today, for those who order the 2011 Private Money Lenders Source
and the Active Buyers Magnet, not only will you NOT HAVE
to PAY THE REGULAR RATE, you'll get the newsletter
subscriber rate of almost 50% off.

So, you'll not pay $197 for the 2011 Private Money Lenders Source,
you will pay only $99.95.

And instead of $97 for the Active Buyers Magnet, you
will pay only $47.

That's a savings of almost $150 off the regular rate.

CLICK HERE for DETAILS.

And if you need to find the best properties,
we have resources for that too--it's called the
Ultimate REO Report...check it out.

Get started with one, two, or all three and get your deals ROLLING!


And for those who order today, we'll also give you
the DIRECT LINK to the FEATURED LENDER in
today's newsletter and INCLUDE a link to a 1 hour lender
webinar so you can quickly learn HOW to SUBMIT
your deals for FUNDING.


(PS. You don't need to buy a $1000 or $2000 course to get this lender.
And that's what some of the "others" are charging.)

Now you can start getting MORE DEALS DONE!

Sunday, February 20, 2011

All investors You need to try this

Last month it took me 48 hours to sell a house from the day I got it until the day I signed a contract to sell it. It was another 7 days before I closed and got $10,000 in my hand... plus $450 a month cash flow

The house was a total mess. The carpet even had dog poop on it, there was junk all over the place.

Last week, my kids closed on a wholesale deal and got just shy of $6000. It took 7 days from the day the buyer signed the contract until the day they closed.

This week, I got 50 phone calls from potential buyers for a property I foreclosed on February 1st (I sold it 10 years ago) but did not start marketing until February 5th because the weather was bad...I currently have a bidding war going on about who will pay the most money. I will close on Thursday, February 17th with the highest bidder.

This house is a total mess. The guy I foreclosed on stole the HVAC system, water heater, carpet and dishwasher. Some broken windows. The walls are funky colors and there is junk all over the place... including dirty dishes in the sink and stuff all over the kitchen countertops. The garage is full of junk too but I could not see it all because I didn't bother to get the utilities turned on.

So.... how did I get these houses sold so fast?

I offered seller financing!

When you sell "as is" ( I mean don't do anything) the buyer is more likely to perceive that they are getting a heck of a deal if you price it right. Depending on the repairs needed, your sales price should be 20-30% below market value.

The financing is what attracts the buyers and seals the deal FAST!

Most of my buyers tell me they record every HGTV show about remodeling houses and they've been anxious to find one they could buy, fix up, and make their own. But without the seller financing it would not be possible.

So... moral of the story.... You will sell houses much faster if you STOP doing rehabs and start selling AS IS with seller financing. You'll get a nice down payment and monthly payments too. So it's like the house that keeps on paying. If the buyers stops paying you just sell it again and get another down payment.

$10,000 here, $6,000 there, $7,000 next week, $3,500 the week after that... it's not big paychecks, but it's like a money machine.

Even if the financing is for one year only, it will give the buyer a chance to fix up the place and get it refinanced so you can get cashed out later. But you need to be prepared to hold the financing forever because it is harder for people to get a new loan. That's why offering seller financing is so popular now!!

You can sell a lot of houses very quickly if you don't do any repairs and offer seller financing.

I'll have more details about how to find the deals and the buyers in the forum at www.CashFlowDepot.com

Try selling your next house "as is" with seller financing... you'll be amazed at how fast you can sell houses.

To Your Extreme Success,

Sample Proof of funds Letter



Sample Proof of Funds Letter
[Bank's Letterhead must be used here]
To:
Copy:
________________
Dear Sirs, Date

Subject: Proof of Funds Letter
We confirm, that _____________________ [Name of Company / Individual] has available the sum of _________________ USD in our bank as of this date.
We confirm that these funds are fully free of any liens, debts and/or encumbrances and are clean, clear and non-criminal origin and are available in the form of ____________________.
________________________________________
We need the following information about
two authorized contact persons at the guarantor bank.
NAME TITLE PHONE # FAX #
1. ____________________ ___________________ ____________ ____________
2. ____________________ ___________________ __________ ____________
________________________________________
Should you require verification of the above mentioned funds, please, contact us at your convenience.

Yours truly,
_________________ _________________
Authorized Officer Authorized Officer
_________________ _________________
Date Date

Real Estate is a people business

#1 reason people have a hard time getting started or fail as a real estate entrepreneur.

What is it?

Instead of focusing on how to create solutions for sellers, most people focus on how to make every real estate deal fit into a certain technique they want to use.

Real estate is a people business. Instead of asking sellers if they will sell with a lease option or making half price offers to every seller, you need to sit down and talk with them so you can discover what the seller's problems are. You need to determine what the seller really wants and needs and then create a solution which will help them achieve that goal.

Here are a few examples:

EXAMPLE #1

A few months ago I sent a lead to a new investor in California. The seller had an older mobile home she wanted to sell for $8,000. The new investor immediately offered her $4,000 with hopes that she could flip it to another investor for $6,000 - $8,000. ( the investor just wants to do wholesale deals)

What was missing?

The communication with the seller! Why were they selling? What repairs were needed on the mobile home? Why did they need $8,000? What did they plan to do with the money? What was Plan B if they could not find a buyer? What were they paying in lot rent, taxes, insurance? Where were they planning to move to.. and when?

Unless ...and until you get the answers to some basic questions you can't make a reasonable offer that will solve the Sellers problem.

For example, if you found out that the $8,000 was going to be used to pay off medical bills... then you can see how your $4,000 offer would not solve their problem

But if you offered to pay the medical bills for them - over time... it would solve their problems.

If you could negotiate monthly payments that are low enough on the medical bills, then you could rent the mobile home (or sell with seller financing) for a nice down payment and a positive cash flow.

EXAMPLE #2

Another investor calls every FSBO seller and makes half price all cash offers. He has had very little success. Why? He failed to talk to the seller before making his offer to determine if there is a mortgage and what the balance is. A half price offer of $50,000 won't help a seller with a $80,000 mortgage on a $100,000 house.

But there are other solutions. You must get all the facts before you can formulate an offer.

EXAMPLE #3

Another new investor is contacting every seller and asking if they will do a lease option.

Well, some will, but most won't. Until you discover what the Seller needs and wants and why, and the details about the financing on the property the chances of you making a deal are slim to nothing.

You need to thoroughly understand the Seller's situation then CUSTOMIZE a solution which will work for you and work for them. Then you need to explain the benefits of your offer to the seller in simple, easy to understand language.

Peter uses a T-Bar with the benefits to him on one side and the benefits to the seller on the other side. The VISUAL helps the sellers to understand "what's in it for them" and that will get more Sellers to say YES! to your offers.

Spend more time talking to Sellers about the total situation BEFORE you make offers. If necessary, get on the forum to get help structuring offers.

The result will be that you are able to help a lot more Sellers, you'll do many more successful real estate transactions, and you will be able to achieve your goals as a real estate entrepreneur.

To Your Extreme Success,

Saturday, November 13, 2010

Do You want a multi-million-dollar real estate business?

One of the biggest obstacles to breaking through and making big money as a real
estate investor is also the one thing that most investors tend to overlook.

I'm talking about office management and the truth is if you don't have your office
organized properly you'll quickly see your dreams of success drown in a sea of
paperwork, office disorganization and mismanagement.

That's what makes this email that you are reading today so important. You see,
I want to personally invite you to attend my f.r.e.e webinar on office management


At this exclusive event, I promise to pull back the curtain and show you how I run
a multi-million-dollar real estate business.

If you have dreams of growing your business you need to attend this webinar!
This special event will feature me, and only me, as I reveal how to:

* Establish in your office the business framework all real estate investors need
to succeed today!

* How to automate your business and transform it into a sleek, efficient
money-making machine!

* How to get rid of the chaos and inefficiency and free yourself up to do what
you do best - which is buy and sell houses and make money - lots and lots of
money!

Now you don't have to sit through other "experts" telling you information that you
won't use in a thousand years just to get to what you really want to hear. At this
webinar, you'll get 100% me as I take you behind closed doors and reveal how
one of today's top real estate investors does business.

You'll learn:

* How to streamline, delegate, and automate your routines and responsibilities...

* How to train competent people to take the wheel...

* How to give your staff idiot-proof check sheets and systems to ensure they do
what they are supposed to and don't mess anything up...

* How to pay appropriately for results - pay them too much and you'll be taking
money right out of your own pocket, pay them too little and you won't be able to
keep them working for you

* And much more!



It's easy to take office management for granted but I'm being dead serious when
I say that without a properly organized office your chances of ever reaching your
earnings goals will be drastically reduced.

The truth is if this subject wasn't vitally important to real estate investing success
I wouldn't be going to all the trouble to hold a webinar on it!

Make plans today to attend this special f.r.e.e event to be held
foundation you need to succeed beyond your wildest dreams!



Remember, this event will feature me, and only me, revealing the tips, tricks and
techniques I use in my own office to boost profits while cutting costs, working
less and getting more done faster and easier than ever before!